Structure unchanged. Still bearish.
BTC
Happy Monday! Keeping it brief. My view remains that the bearish trend will continue.
The 4hr structure pivot is 8.2. Until this level is reclaimed, another test and 7.5 remain in view.
For today, watch the resistance zone around 794 to the trendline near 805. If a bearish hr-level candle appears in this zone, a short position could be considered. Stop at 812.
Shorter-term (Chart 2). After a trendline breakdown, enter on the right side with a stop at 788. Then work down step by step: 77-762-75.
Objectively, as mentioned last week, support around 75 is very strong. For now, I’m leaning toward consolidation between 75 and the trendline.$BTC #美国中期选举进入最后冲刺
BTC
Happy Monday! Keeping it brief. My view remains that the bearish trend will continue.
The 4hr structure pivot is 8.2. Until this level is reclaimed, another test and 7.5 remain in view.
For today, watch the resistance zone around 794 to the trendline near 805. If a bearish hr-level candle appears in this zone, a short position could be considered. Stop at 812.
Shorter-term (Chart 2). After a trendline breakdown, enter on the right side with a stop at 788. Then work down step by step: 77-762-75.
Objectively, as mentioned last week, support around 75 is very strong. For now, I’m leaning toward consolidation between 75 and the trendline.$BTC #美国中期选举进入最后冲刺















